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TOP FIVE TIPS: BOOSTING YOUR HOME’S VALUE Tyler Kuethe, Multimedia Specialist

When I accepted my position at IHMVCU, my family was still living in the Chicago suburbs. That meant we had to get serious about selling our house to make a smooth transition to the Quad Cities. A full bathroom remodel topped our to-do list and quickly enhanced our space and boosted our home’s value.

Whether or not selling your home is in your immediate future, you might be curious to know how much the value has gone up since you bought your house. According to Ramsey Solutions, people who owned their homes between four and 15 years sold them last year for $50,000-$80,000 more than they purchased them.

Looking to sell your home for top dollar? From landscaping and outdoor upgrades to bathroom and kitchen remodels, here are the top five improvements that’ll add serious value to your space.

Minor kitchen remodel

Rather than a luxury overhaul, start with simple swaps that’ll enhance the overall space. New cabinetry and upgraded countertops can make a big difference, and energy efficient appliances will only add to your resale value.

Steel entry door replacement

Steel entry doors are a great option because they’re sleek, durable and versatile. Made of 20-gauge steel, a steel entry door offers peace of mind for any homebuyer.

Garage door replacement

This often-overlooked feature can span nearly 30% of your home’s facade making it one of the easiest (and most noticeable) makeovers you can perform.

Manufactured stone veneer siding

Real stone can get expensive quickly, but manufactured stone veneer siding can give you all the same charm at a fraction of the price, and for more recouped cost at the sale.

New wood deck

Adding a 16-foot by 20-foot pressure treated wooden deck with stairs offers an oasis to entertain family and guests during warmer weather, not to mention, it adds about $9,000 in value to your home.

PRO TIP: Home improvements in your future? Help finance upcoming renovations by turning your home equity into cash. Popular options include a home equity loan or home equity line of credit (HELOC). Compare the two and find the best fit for your situation using our online equity calculators.

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